Powered by the legendary small block V-8 engine, the rear-wheel drive performance sedan will be Chevrolet’s newest entry in the NASCAR Sprint Cup Series, beginning with the 2013 SpeedWeeks in Daytona, Fla.

The new NASCAR race car closely resembles the all-new rear wheel drive V-8 Chevrolet SS performance sedan that will debut early next year.

“As a passionate race fan, the debut of the SS NASCAR race car is a genuinely exciting moment for me,” said GM North America President Mark Reuss. “With the SS, Chevrolet is delivering a true rear-wheel-drive NASCAR race car that is very closely linked to the performance sedan that will be available for sale, ensuring that our most loyal enthusiasts will have the opportunity to experience the same thrill every day on the open road that our race car drivers enjoy on the track on race day.

“The Chevrolet SS also demonstrates how we are able to leverage our global product portfolio to deliver a unique performance experience,” Reuss said. “The specialized development and testing work done for the race car will certainly benefit the entire Chevrolet product lineup.”

The Chevrolet SS is the next in a long line of famed nameplates that Chevrolet has campaigned in NASCAR. It replaces Impala, which scored 152 wins from 1959-64 and 2007-12.

“We are looking forward to another exciting year of NASCAR competition and expect that the new SS race car, with some of the most skilled drivers on the circuit behind the wheel, will distinguish itself on the track,” said Jim Campbell, U.S. vice president of Performance Vehicles and Motorsports.

The Chevrolet SS will be a derivative of the award-winning global rear-wheel-drive architecture that spawns performance vehicles like Chevrolet Camaro and Holden’s upcoming VF Commodore. The limited production version of the Chevrolet SS will be a 2014 model and will arrive in dealer showrooms in late 2013. It is the first time in 17 years that Chevrolet will offer a rear-wheel-drive sedan for sale in the United States.

Chevrolet has long used the SS (Super Sport) designation on high-performance models of some of its most enduring nameplates. The SS designation first appeared in 1957 on a Corvette prototype race car built under the guidance of Zora Arkus-Duntov with the plan to enter it in the Le Mans 24-hour race.

The first production vehicle to be offered with an SS optional package was the 1961 Impala – 453 were built with the performance upgrades, which included a modified chassis and suspension, power brakes, a steering column mounted tachometer and unique wheels and tires. The SS designation returned to the Chevrolet lineup in 2010 with the debut of the fifth-generation Camaro.